SCHEDULE: Armistice Capital Discloses 6.63% Stake in Dynatronics
Beneficial Ownership Report
Armistice Capital, LLC and Steven Boyd have reported a 6.63% passive ownership stake in Dynatronics Corp, holding 703,557 common shares.
Summary
- Armistice Capital, LLC and Steven Boyd collectively reported beneficial ownership of 703,557 shares of Dynatronics Corp Common Stock.
- This ownership represents 6.63% of the company's outstanding common stock.
- The percentage is based on 10,619,543 shares outstanding as of May 9, 2025, as reported in Dynatronics' Form 10-Q filed on May 12, 2025.
- Armistice Capital, LLC, a Delaware entity, serves as the investment manager for Armistice Capital Master Fund Ltd., which is the direct holder of the shares.
- Steven Boyd, a U.S. citizen, is the managing member of Armistice Capital, LLC.
- The filing indicates a passive investment, stating the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.
Sentiment
Score: 6
Explanation: The filing indicates a significant passive investment by an institutional fund, which is generally viewed as a neutral to slightly positive signal of institutional interest in the company.
Positives
- The disclosure of a significant stake by an institutional investor like Armistice Capital may signal confidence in Dynatronics Corp's long-term prospects.
- Increased institutional ownership can sometimes lead to greater market visibility and liquidity for the stock.
Future Outlook
This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding Dynatronics Corp's future performance or operations.
Industry Context
This filing reflects an investment firm's decision to take a passive stake in Dynatronics Corp, a common occurrence in the financial markets where institutional investors acquire positions in publicly traded companies. It does not provide specific insights into broader industry trends or competitive dynamics beyond the investment itself.
Stakeholder Impact
- Shareholders may perceive this as a positive sign of institutional interest, potentially leading to increased trading volume or stability.
- The company's management may view this as a validation of their current strategy, given the passive nature of the investment.
Key Dates
| Date | Description |
|---|---|
| 05/09/2025 | Date as of which 10,619,543 shares outstanding were reported in Dynatronics' Form 10-Q. |
| 05/12/2025 | Date Dynatronics' Form 10-Q was filed with the SEC, reporting shares outstanding. |
| 06/30/2025 | Date of event which required the filing of this Schedule 13G statement. |
| 08/14/2025 | Date the Schedule 13G statement was signed and filed by Armistice Capital, LLC and Steven Boyd. |
Keywords
Dynatronics Corp, Armistice Capital, Steven Boyd, Beneficial Ownership, SEC Filing, Common Stock, Institutional Investor, Passive Investment, Ownership Disclosure
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